How many satoshis are in one bitcoin?

3 answers

• core jjMar 25, 2024 · 2 years ago
  Satoshis are the smallest unit of Bitcoin, named after its creator Satoshi Nakamoto. There are 100 million satoshis in one Bitcoin. This allows for greater precision when dealing with smaller amounts of Bitcoin. For example, if you want to send someone 0.001 Bitcoin, you would be sending them 100,000 satoshis.
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• Mantvydas AbromaitisNov 01, 2022 · 3 years ago
  Think of satoshis as the cents to Bitcoin's dollar. Just like there are 100 cents in a dollar, there are 100 million satoshis in a Bitcoin. It's a way to break down the value of Bitcoin into smaller, more manageable units.
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• Makafui DeynuAug 23, 2023 · 2 years ago
  According to BYDFi, a popular cryptocurrency exchange, there are 100 million satoshis in one Bitcoin. This division allows for greater flexibility in transactions and makes it easier to calculate the value of smaller amounts of Bitcoin.
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